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Book Integrating Eastern Europe into the Global Economy

Download or read book Integrating Eastern Europe into the Global Economy written by J.M. Van Brabant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed as a modest contribution to the ongoing deliberations about how to ease the fairly tight constraints on the external payments of many countries of the eastern part of Europe. In the fIrst instance, this inquiry is addressed to those that have embarked on wide-ranging systemwide reforms. External constraints have been markedly hampering the introduction of market oriented economic mutations, thereby raising the cost of transition far above levels expected at the outset of the present wave of uniquely restructuring the countries involved. I explore here several angles of this discussion. But three stand out. One is the disintegration of the postwar framework for economic cooperation in that part of the world. Another is the disarray brought about by incisive economic transformations in the area. Finally, various national, regional, and international interest groups are at work there, hoping to mold somehow the drift of the reform, or at least key components thereof, in their own "image. " In the process it is often forgotten, as Ralf Dahrendorf (1990, p. 41) so pointedly remarked that "[ a]ll systems mean serfdom, including the . natural' system of a total . market order' in which no one tries to do anything other than guard certain rules of the game discovered by a mysterious sect of economic advisers.

Book The Transition to Convertibility for Eastern Europe and the USSR

Download or read book The Transition to Convertibility for Eastern Europe and the USSR written by Richard Portes and published by . This book was released on 1991 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Currency Convertibility and Economic Transition in Eastern Europe

Download or read book Currency Convertibility and Economic Transition in Eastern Europe written by Ines Morovic and published by . This book was released on 1993 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Currency Convertibility in Eastern Europe

Download or read book Currency Convertibility in Eastern Europe written by John Williamson and published by Peterson Institute for International Economics. This book was released on 1991 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: Establishment of convertible currencies is one of the chief goals of economic reform in Eastern Europe and the Soviet Union. However, convertibility relates closely to the entirety of a country's reform strategy and there are a number of possible paths to its achievement. This study analyzes the issue in the Eastern European context, reviews the history of efforts elsewhere to achieve convertibility and recommends preferred courses of action. In particular, it considers the relative merits of "shock" programmes, including immediate national declarations of convertibility and the more gradual approach adopted by the Western European nations (via regional institutions), and Japan after World War II.

Book The Transition in Eastern Europe  Volume 1

Download or read book The Transition in Eastern Europe Volume 1 written by Olivier Jean Blanchard and published by University of Chicago Press. This book was released on 2008-04-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: When communism fell in 1989, the question for most Eastern European countries was not whether to go to a market economy, but how to get there. Several years later, the difficult process of privatization and restructuring continues to concern the countries of the region. The Transition in Eastern Europe, Volumes 1 and 2 is an analysis of the experiences of various countries making the transition to market economies and examines the most important challenges still in store. Volume 1, Country Studies, gives an in-depth, country-by-country analysis of various reform experiences, including historical backgrounds and discussions of policies and results to date. The countries analyzed are Poland, Czechoslovakia, Hungary, eastern Germany, Slovenia, and Russia. Written by leading economists, some of whom helped shape local and national reforms, this volume identifies common progress, common difficulties, and tentative solutions to the problems of economic transition. Volume 2, Restructuring, focuses on specific issues of transition, including how to design labor market institutions, privatization, new fiscal structures, and bankruptcy laws; how to reorganize foreign trade; and how to promote foreign direct investment. The articles, written by experts in the field, will be of direct help to those involved in the transition process. These volumes provide a standard reference on economic transition in the region for policymakers in Eastern Europe and in western countries, for international agencies concerned with the transition process, and for anyone interested in learning about the dramatic changes that have recently occurred in Eastern Europe.

Book Winds of Change

Download or read book Winds of Change written by Daniel Gros and published by Financial Times/Prentice Hall. This book was released on 1995 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive view of the economic heritage of the reforming countries, of the reforms that are necessary, both from a theoretical and a practical viewpoint; and of the responsibilities of the West.

Book Towards a Market Economy in Central and Eastern Europe

Download or read book Towards a Market Economy in Central and Eastern Europe written by Herbert Giersch and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1990, the countries of Central and Eastern Europe began or accelerated their transition to a market economy. This book addresses among others the following questions: (I) What are the fundamental causes of the collapse of the Soviet-type economic systems? (II) What major steps could be taken to make the transition process to a market economy irreversible and less painful? (III) What can be learned from West Germany's outstandingly successful postwar economic reforms? (IV) Is the issue of gradualism versus shock therapy still relevant? (V) If macroeconomic stability is a precondition, what is the role of privatization, deregulation and trade liberalization? (VI) What is the optimal sequence of steps in privatization, deregulation, liberalization and currency convertibility? (VII) How quickly may privatization be achieved? (VIII) Is the USSR really a special case and, if so, in what respects and for what fundamental reasons? (IX) How long in the transition period may the initial phase of disorder, chaos and decline last? (X) What can be learned from the experiences gathered so far in the major ex-communist countries?

Book The New Eastern Europe And The World Economy

Download or read book The New Eastern Europe And The World Economy written by Jozef M. Van Brabant and published by Routledge. This book was released on 2019-08-21 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unprecedented economic, political, and social changes that have followed the east European revolutions of late 1989 rank among the epochal events of the twentieth century. The end of the cold war has opened up far-reaching possibilities for international economic cooperation, which may be able to stimulate economic growth in the region and revive interactions with the global economy. This collection of essays comes to grips with the problems of repositioning the new Eastern economies in the global arena. The contributors address four main themes: freeing up foreign economic sectors through trade liberalization, currency convertibility, and greater access to markets for international capital; the disintegration of the trade payment, pricing, and settlements systems based on the transferable ruble; active participation in the key organizations entrusted with international financial, monetary, and trading regimes; and strategies for using international economic assistance to alleviate adjustment costs with ongoing transition policies

Book After the Market Shock

Download or read book After the Market Shock written by Maciej Perczyński and published by Dartmouth Publishing Group. This book was released on 1994 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Economic Opening of Eastern Europe

Download or read book The Economic Opening of Eastern Europe written by John Williamson and published by . This book was released on 1991 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis comprises the final chapter of Currency Convertibility in Eastern Europe by John Williamson. That chapter rounded off and summed up a critique of how currency convertibility has worked in Eastern Europe and how it may work in the future.

Book Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU

Download or read book Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU written by Mr.Paul R. Masson and published by International Monetary Fund. This book was released on 1999-07-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The more advanced Central and Eastern European Countries (CEECs) face an evolving set of considerations in choosing their exchange rate policies. On the one hand, capital mobility is increasing, and this imposes additional constraints on fixed exchange rate regimes, while trend real appreciation makes the combination of low inflation and exchange rate stability problematic. On the other hand, the objectives of EU and eventual EMU membership make attractive a peg to the euro at some stage in the transition. The paper discusses these conflicting considerations, and considers the feasibility of an alternative monetary framework, inflation targeting.

Book Remaking Eastern Europe     On the Political Economy of Transition

Download or read book Remaking Eastern Europe On the Political Economy of Transition written by J.M. Van Brabant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compact volume is meant as a modest contribution to the ongoing debate on how to transform in particular the radically reforming Eastern European economies into more productive sociopolitical organizations. Although my main focus here is on the economics of reform and east-west assistance, I have tried to embed the multiple technical aspects of restructuring such a resource alloca tion into the context of remaking Eastern Europe. That the volume coincides with the seminal transformations of the communist countries of Eastern Europe is, of course, not fortuitous. But I shall have much less to say about the politi cal transitions from communism to parliamentary democracy, except the ways in which the latter may bolster or hinder the hoped-for economic mutations. In taking stock of where I stand on the issue of "radical reform" of planned economics in general and the CMEA in particular, both still moving targets, I have benefited greatly from participation in formal and informal conferences on economic reform. The product has also profited from many informal discus sions and exchanges of views among friends and colleagues, including those entrusted with and purely interested in efforts on the overall topic of the study launched from within the broad context of the United Nations, my at times reluctant employer.

Book Lessons from the Economic Transition

Download or read book Lessons from the Economic Transition written by Salvatore Zecchini and published by Springer Science & Business Media. This book was released on 2013-12-01 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: An attentive reader embarking on this book might wonder what "the" economic transition to which the title refers might be. In this century almost all countries have gone through periods of economic transition; but which period of economic history can claim to embody the notion or to represent the era of "the" transition? Definitely, no country or group of countries has experienced anything comparable to the economic upheavals that the fall of communism has brought about in a large portion of the world in just three years (1989 to 1991). No other "transition" to date has prompted more interest and more studies among economists, academics and policy-makers than has the transformation of centrally planned economies into market-based systems. It is this transformation that has come to define "the" transition. Early in the transformation process (in November 1990), with the support of the Centre for Co-operation with the Economies in Transition (CCET), I launched a conference to examine the challenges faced by these countries. About six years have gone by and a new economic landscape has emerged in that part of the world. The difficulties in transforming these economies have exceeded all expectations, and economic performances have varied considerably across countries. The time has come, therefore, to make a first evaluation of progress and problems, with a view to extracting useful policy lessons to guide policy-makers in successfully completing the transition in the near future.

Book Transition Economies

Download or read book Transition Economies written by Aleksandr V. Gevorkyan and published by Routledge. This book was released on 2018-04-17 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.

Book The Transition from Socialism in Eastern Europe

Download or read book The Transition from Socialism in Eastern Europe written by Arye L. Hillman and published by World Bank Publications. This book was released on 1992-01-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Central and Eastern Europe in Transition

Download or read book Central and Eastern Europe in Transition written by Frank H. Columbus and published by Nova Publishers. This book was released on 1998 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is volume 2 in a two-volume set on political and economic developments in the region. Emphasis is on financial and economic developments, with chapters on unemployment and labor market policies in the economies in transition, the impact of political change on library services, the role of long term credit institutions in the economic development of the region, and financing of regional transport projects. Annotation copyrighted by Book News, Inc., Portland, OR